Friday 23 September 2011

gulfnews : Qatar zooms ahead with twice as much to spare as US

Qatar surpassed Luxembourg as the world's richest nation in 2010 and is set to pull away with wealth that's almost twice that of the US, latest estimates from the International Monetary Fund (IMF) show.

The ‘Chart of the Day' shows Qatar's gross domestic product per capita at $88,221 (Dh323,997) in 2010, beating Luxembourg for the top spot, according to IMF data released on Tuesday. The figure may reach $111,963 by 2016, surpassing Luxembourg's $94,621 and Singapore's $70,992, the IMF said. US GDP per capita is forecast at $55,622 in five years, from $46,860 in 2010.

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